G.5(405)                                                            May 2, 2011



 Foreign Exchange Rates

 The table below shows the average rates of exchange in APRIL 2011 together
 with comparable figures for other months. Averages are based on daily noon buying
 rates for cable transfers in New York City certified for customs purposes by
 the Federal Reserve Bank of New York.


                                (Currency units per U.S. dollar except as noted)


                   MONETARY       2011         2011         2011         2010
   COUNTRY           UNIT         April        March      February       April

 *AUSTRALIA        DOLLAR          1.0588       1.0113       1.0084       0.9262
  BRAZIL           REAL            1.5833       1.6574       1.6664       1.7568
  CANADA           DOLLAR          0.9580       0.9766       0.9876       1.0052
  CHINA, P.R.      YUAN            6.5267       6.5645       6.5761       6.8256
  DENMARK          KRONE           5.1577       5.3191       5.4596       5.5472
 *EMU MEMBERS      EURO            1.4460       1.4020       1.3656       1.3417
  HONG KONG        DOLLAR          7.7716       7.7913       7.7895       7.7627
  INDIA            RUPEE          44.3010      44.9143      45.3795      44.4440
  JAPAN            YEN            83.1771      81.6470      82.5368      93.4527
  MALAYSIA         RINGGIT         3.0101       3.0341       3.0453       3.2044
  MEXICO           PESO           11.7059      11.9963      12.0649      12.2396
 *NEW ZEALAND      DOLLAR          0.7894       0.7423       0.7620       0.7122
  NORWAY           KRONE           5.4015       5.5913       5.7319       5.9169
  SINGAPORE        DOLLAR          1.2463       1.2678       1.2757       1.3817
  SOUTH AFRICA     RAND            6.7209       6.8976       7.1844       7.3444
  SOUTH KOREA      WON          1083.1762    1119.2674    1117.4368    1115.4591
  SRI LANKA        RUPEE         110.2129     110.3022     110.8074     113.8286
  SWEDEN           KRONA           6.1990       6.3493       6.4342       7.2026
  SWITZERLAND      FRANC           0.8972       0.9185       0.9500       1.0690
  TAIWAN           DOLLAR         28.9824      29.4930      29.2779      31.4767
  THAILAND         BAHT           30.0424      30.3330      30.6953      32.2686
 *UNITED KINGDOM   POUND           1.6379       1.6159       1.6124       1.5332
  VENEZUELA        BOLIVAR         4.2893       4.2893       4.2893       4.2893

  MEMO:
  UNITED STATES    DOLLAR
1)BROAD            JAN97=100      95.5427      97.1432      98.1070     101.7625
2)MAJOR CURRENCY   MAR73=100      69.7484      71.0182      72.2161      75.5678
3)OITP             JAN97=100     123.5919     125.5057     125.9973     129.6967


 This release is available online at http://www.federalreserve.gov/releases/G5.

 For more information on exchange rate indexes for the U.S. dollar, see "Indexes of the Foreign
 Exchange Value of the Dollar," Federal Reserve Bulletin, 91:1 (Winter 2005), pp. 1-8,
 (http://www.federalreserve.gov/pubs/bulletin/2005/winter05_index.pdf). Weights for the broad index
 can be found at http://www.federalreserve.gov/releases/H10/Weights; weights for the major currencies
 index and the other important trading partners (OITP) index are derived from the broad index
 weights. The most recent annual revision to the trade weights and the dollar indexes took effect
 with the May 2009 release of this report.  The source for exchange rates not listed in the
 table above but used in the calculation of the broad and OITP indexes is Bloomberg.

 *  U.S. dollars per currency unit.
 1) A weighted average of the foreign exchange value of the U.S. dollar against the currencies
 of a broad group of major U.S. trading partners.
 2) A weighted average of the foreign exchange value of the U.S. dollar against a subset of
 the broad index currencies that circulate widely outside the country of issue.
 3) A weighted average of the foreign exchange value of the U.S. dollar against a subset of
 the broad index currencies that do not circulate widely outside the country of issue.

 For information about your subscription to this release or about receiving it in document form,
 please call publication services at Federal Reserve Board at (202) 452-3244.

 The euro is reported in place of the individual eure-area currencies. These currency rates
 can be derived from the dollar/euro rate by using the fixed conversion rates (in currencies
 per euro) given below:

        1 EURO  =  13.7603  AUSTRIAN SCHILLINGS
                =  40.3399  BELGIAN FRANCS
                =  .585274  CYPRUS POUND
                =  5.94573  FINNISH MARKKAS
                =  6.55957  FRENCH FRANCS
                =  1.95583  GERMAN MARKS
                =  340.750  GREEK DRACHMAS
                =  .787564  IRISH POUNDS
                =  1936.27  ITALIAN LIRE
                =  40.3399  LUXEMBOURG FRANCS
                =  .429300  MALTESE LIRA
                =  2.20371  NETHERLANDS GUILDERS
                =  200.482  PORTUGUESE ESCUDOS
                =  166.386  SPANISH PESETAS
                =  30.1260  SLOVAKIAN KORUNA
                =  239.640  SLOVENIAN TOLAR

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